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Germany?s largest airport in Frankfurt stopped its operations Air traffic was disrupted in Germany on Tuesday, as security personnel in se

By Cirium2021-02-12T17:34:00+00:00 The German government has agreed a financial support package for airports under which the nation’s 15 largest gateways will receive more than €600 million ($725 million). More than €400 million of that will be used to support three airports in which the federal government is a shareholder – Berlin’s new Brandenburg airport, Munich and Cologne/Bonn. Source: Berlin Brandenburg airport The new Berlin Brandenburg airport is one of the facilities that will benefit from the support package Some €200 million has been allocated to support 12 airport...

Germany Planning $1.1 Billion Bailout of Embattled Airports Feb 12 2021, 10:48 PM February 12 2021, 4:25 PM February 12 2021, 10:48 PM (Bloomberg) -- Germany is planning a 900 million-euro ($1.1 billion) bailout of the country’s airports, adding to a multibillion-euro outlay already aimed at helping the aviation sector survive the coronavirus. (Bloomberg) -- Germany is planning a 900 million-euro ($1.1 billion) bailout of the country’s airports, adding to a multibillion-euro outlay already aimed at helping the aviation sector survive the coronavirus. The government will offer Berlin...

(Feb 12): Germany is planning a 900 million-euro (US$1.1 billion) bailout of the country’s airports, adding to a multibillion-euro outlay already aimed at helping the aviation sector survive the coronavirus. The government will offer Berlin-Brandenburg, Cologne-Bonn and Munich a package of loans, grants and stake purchases worth more than 400 million euros, according to a transport ministry document seen by Bloomberg News, which didn’t specify the breakdown. A further 12 airports including Deutsche Lufthansa AG’s Frankfurt hub will get 200 million euros, provided the sum is matched by...